Offshore company in Georgia

Registering an offshore company in Georgia in the Free Industrial Zone. What are Free Industrial Zones in Georgia and how are they beneficial for business?

Offshore in Georgia: peculiarities of a company registration

Sunny Georgia is a rapidly developing country with business-friendly legislation. Recent laws in this country have led entrepreneurs to think about having an offshore in Georgia. In particular, these are laws on information technologies, free tourist and industrial zones.

If you have also thought about registering a Georgian offshore enterprise, feel free to contact us for assistance. We will contribute to the correct paperwork or offer to buy a ready-made company in Georgia.

Georgian companies advantages

Buying a ready-made offshore in Georgia is advantageous because here:

  • Foreign enterprises are not subject to taxation (if all conditions are met).
  • There is no risk of getting on the blacklists.
  • No property taxes.
  • Any commercial activity is possible, as long as it is not prohibited by law.
  • No income is declared and no reporting is required (also under certain conditions).
The companies registered here have a good reputation. They can easily open accounts in many banks around the world.

What are the Free Industrial Zones?

There are so called free industrial zones in Georgia. The term refers to areas on the territory of the country with favorable conditions for business activity. In these areas:

  • You can provide any services and produce any goods.
  • There are many benefits for foreign enterprises.
  • There are no taxes on profits.
  • There is no VAT on imported goods.
  • There is no import tax if the goods are exported outside the free zone.
  • No license is required for common activities.
  • Payments in any currency are possible.
  • No need for reporting.
  • Full anonymity of registration data is observed.
Even in classic offshore jurisdictions, companies are gradually becoming increasingly controlled by state authorities. However, in this country anonymity is still at the level of the 90s. At the same time, the state provides great opportunities for the development of foreign enterprises.

If you are interested in getting or opening an offshore company in Georgia, don't hesitate to call our company. We will consult you on this issue and offer beneficial options of opening a Georgian company.